For CEOs looking to get things done, Texas is still the best bet

In Industry News by Bradford

Low taxes and low regulations led head honchos to tap Texas once again as the best state in the United States for business, according to a ranking from Chief Executive. The magazine’s 2019 “Best and Worst States for Business” survey captures poll results and feedback from CEOs from across the country, taking on the role of a barometer for chief …

The Fed, Interest Rates and Property Values

In Industry News by Bradford

In March 2019, the Federal Reserve announced it would leave the key interest rate unchanged, bringing to a halt the hikes it had begun in late 2015. In the same announcement, the Fed forecasted one rate hike in 2020, and stated they will stop reducing their bond portfolio by fall 2019. The Fed opted to take a hands-off approach to …

View Post

Bradford CRE Team Building Casino Night Out

In Bradford Buzz by Bradford

The purpose of any team building exercise is to build a stronger unit of workers. Team building is not the time to talk about company policies or new product rollouts. It is the time to gather your people in one place and give them a reason to interact with each other in a non-work-related way. Team building activities can happen …

View Post

Cinco de Mayo Celebration

In Bradford Buzz by Bradford

Cinco de Mayo — Spanish for May 5 — celebrates the Mexican army’s defeat of the French at the Battle of Puebla in 1862. The holiday is just a day off from work in Mexico, but it’s a day of celebrations in the United States, and Dallas is no different. The sound of Mexican mariachis, folkloric dancers, and the scents …

View Post

Bradford Sells Foreclosed Office Building in Dallas County

In Press Releases by Bradford

GRAND PRAIRIE, Texas – Bradford Commercial Real Estate Services has sold the foreclosed and re-tenanted Bardin Professional Center in Dallas County to a medical user who plans to occupy the one available suite. The two-story office building, totaling 9,358 sf, is located at 2304 W. Bardin Rd., Grand Prairie. Leigh Richter, executive vice president of Dallas-based Bradford, represented the seller …

View Post

Foreign investors poured more than $849M into DFW’s industrial market last year

In Industry News by Bradford

Dallas Fort-Worth was second only to Los Angeles as the nation’s top industrial market for foreign investment in 2018, according to a new report from commercial real estate firm CBRE (NYSE: CBRE). International buyers purchased close to $850 million in industrial real estate in Dallas-Fort Worth compared to $910 million in Los Angeles. In North Texas’ industrial market, Chinese investors …

DFW reaches 7.5M population in 2018

In Industry News by Bradford

Aided in part by adding more than a million residents from 2010 to 2018, Dallas-Fort Worth was the fourth most populated metro region last year. Population estimates released last week show that Dallas-Fort Worth was home to more than 7.5 million as of July 1, 2018. Only New York City, Los Angeles and Chicago metropolitan areas had a larger population. …

Our Earth, Our Future.

In Bradford Buzz by Bradford

Every day we are reminded about taking care of our planet that we call home. Trees contribute to cleaner air, cleaner water, cooler temperatures, and offer many more good things to our community.  Earth Day is the occasion to teach ourselves and our children about the environment and the importance of taking care of our home. On Earth Day, April …

Volunteer Lifetime Achievement Award goes to Leigh Richter

In Bradford Buzz by Bradford

Volunteer Recognition Day is celebrated on April 20, 2019. It’s an annual celebration of those who selflessly benefit the lives of others. By providing a helping hand to those in need, humans and animals alike, we are all naturally working towards making the world a better place. Every single one of us has been benefited from the work of a …

World’s Fifth Largest Tobacco Distributor Leases 72,800 sf for US HQ, Distribution Center

In Press Releases by Bradford

FORT WORTH – KT&G USA Corp., a Korea-based conglomerate, has signed a 10-year lease to house its U.S. headquarters and distribution center in 72,800 sf of brand-new office/warehouse space in north Fort Worth. KT&G, the world’s fifth largest tobacco company, will be the first tenant in Fossil Creek Crossing at 5501 Sandshell Dr., a 213,089-sf, class A project fronting Interstate …

View Post

Smart Warehousing: Ecommerce, logistics leading DFW industrial growth

In Industry News by Bradford

DFW INDUSTRIAL MARKET 1Q 2019 • Q1 2019 marks the 34th consecutive quarter of positive absorption for the Dallas-Fort Worth industrial market. • Industrial occupiers took down over 3.5 million square feet in the first three months of the year. • The industrial construction pipeline picked up over the quarter and was observed to be 16.1 million square feet at …

Mix & Mingle Bradford/CORFAC style

In Bradford Buzz by Bradford

Bradford Commercial Real Estate Services played host to William “Bill” H Hawkins, SIOR, Chairman & President of Chas. Hawkins Company, Inc, and his son Charlie at their Corporate offices on April 3, 2019.  Bill and Charlie were in town from Nashville, Tennessee for the week. Kevin J. Santaularia, Bradford’s President & CEO toured the group around the Dallas/Fort Worth metroplex …

View Post

Bitter Sisters Brewery, Kennington Cos. Toasting Long-Term Renewal

In Press Releases by Bradford

ADDISON, Texas – With its fourth anniversary coming soon, Bitter Sisters Brewing Co. has inked a long-term renewal with Kennington Cos. to keep its production facility and tasting room firmly rooted in the heart of Addison. The craft brewery occupies 8,500 sf of warehouse space at 15103 Surveyor Blvd., of which 1,200 sf is a chic tasting room. The family-owned …

Relocating Businesses Looking For The Next Hot Spot Should Instead Focus On The Right Fit

In Industry News by Bradford

Companies relocating to the Dallas-Fort Worth Metroplex have their pick of cities to land in, but city officials say they aren’t fighting over these businesses — instead, they’re hunkering down, studying the data and figuring out what relocations are the best fit for their respective communities. The Federal Reserve Bank of Dallas reports 25,000 firms moved to Texas from 2000 …

View Post

Team ProMark Moves HQ, Fulfillment Center To North Fort Worth from Colorado

In Press Releases by Bradford

FORT WORTH – Team ProMark, a leading supplier of licensed sports merchandise, has relocated to north Fort Worth from Colorado, signing a seven-year lease for 24,506 sf of office/warehouse space to house its headquarters and national fulfillment center. The company’s new point of operation is 5001 North Freeway, where it’s leased 50% of a structure with Interstate 35W visibility. The …

View Post

Taking Action to Get Results Bradford Teams up with NWDBA and Dallas PD

In Bradford Buzz by Bradford

Bradford’s day-to-day dramatically differs from that of a decade ago.  Property managers have greater responsibilities beyond traditional rent collection and bill paying. They now arrange insurance; provide tax information; design and collect renovation bids; coordinate maintenance services; ensure compliance with government regulations, and most importantly oversee property security of the building and the building’s tenants. Bradford Commercial Real Estate Services’ …

View Post

Facebook Teams Up for Next Phase of Massive Data Center Campus in Fort Worth

In Industry News by Bradford

Social Media Giant Forms Partnership to Retrofit Former Blue Cross Blue Shield Data Center Facebook has once again decided to raise its data center profile in Texas, but instead of constructing another data hall at what was built as the largest U.S. facility of its kind along Like Way in Fort Worth, Texas, the social media giant is thinking outside …

2019 CORFAC Spring Conference and the 5 Key Reasons to Network

In Bradford Buzz by Bradford

2019 Corfac Spring Conference in Scottsdale Arizona – February 21-23 Joe Santaularia, Bradford Commercial Real Estate’s First Vice President, attended the 2019 Corfac Spring Conference in Scottsdale, Arizona. Corfac’s Interactive Deal-Making Session was a standout feature. During the session, Santaularia learned how to get more business out of the global network. It included an interactive discussion about current clients, haves/wants, …